Podcast Notes Playlist: Business

• People live out all of the potential downsides in the mere reflection of what other people will think about them in the future, should they fail
• Shame only exists in the shadows; identify when you have the hesitation to confront something and ask yourself why you may be experiencing that hesitation
• The difference between successful people and the most successful people is that the most successful people say no to almost everything 
• Success comes down to doing the obvious thing for an extraordinary period of time without convincing yourself that you are smarter than you are 
• The first step to achieving a massive dream is conquering tiny impulses 
• Opportunities only look like opportunities in the rear-view mirror; today, they only seem like risk 
• Most of the pain that people experience is purely in their own minds
• There is always someone who has had it worse and has done it better 
• Power follows the blame finger: you give power to wherever you point the blame to
• Pain moves people far more effectively than pleasure does
• We commonly sacrifice the thing we want for the thing that is supposed to get it  
• Three most common traits that hyper-successful people have: a superiority complex, insecurity, and impulse control 
• What is the thing that you can do longer than anyone else where to them it looks like work, and to you, feels like play? 
• Constantly ask yourself: “What are we optimizing for?”
• Try to be directionally correct instead of trying to be absolutely correct    

Alex Hormozi is a founder, investor and an author.

Alex's Twitter has been one of my favourite sources of great insights over the last year. Today we get to go through some of my favourite lessons from him about life, human behaviour, psychology, business and resilience. This is really good.

Expect to learn how your ego is keeping you poor, why you never need to care about what anyone else thinks of you, why having a life that sucks is actually a blessing, whether most easy opportunities are just distractions, how to conquer your tiny impulses, why you are built to deal with things being hard, how to beat anyone who ever copies you and much more...

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Get in touch.

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• Check out Infinite Loops Podcast Episode Page & Show Notes

This week, we’re delighted to welcome Ed Latimore back for his second Infinite Loops appearance.

Ed is a best-selling author, former professional heavyweight boxer, competitive chess player, Physics graduate, father, and husband. He joins us to discuss stoicism, progress & pain, demonstrating authenticity, being liked vs. being respected, and a whole lot more.

Important Links:

• Ed’s Twitter
  
• Ed’s website
  
• Ed’s Substack
  
• Ed’s first Infinite Loops appearance
  

Show Notes:

• New child; new house; new book
  
• How Ed’s new book has developed
  
• Humor and progress
  
• Understanding addiction
  
• Being liked vs being respected
  
• “Stoicism found me”
  
• Is progress possible without pain?
  
• “Humans are very bad at the future”
  
• Demonstrating authenticity
  
• Being cast as a father figure
  
• What’s next for Ed
  
• Ed’s three step process for self-improvement
  
• “I don't think any situation has ever gotten worse because someone has good manners.”
  

Books Mentioned:

• The Founders: The Story of PayPal and the Entrepreneurs who Shaped Silicon Valley; by Jimmy Soni
  
• The Art of Learning: An Inner Journey to Optimal Performance; by Josh Waitzkin
  
• Can't Hurt Me: Master Your Mind and Defy the Odds; by David Goggins
  
• The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life; by Mark Manson

Keith is the CEO & Co-Founder of OpenStore and a General Partner at Founders Fund. He is an experienced technology executive and entrepreneur, a prolific investor, and a self-described contrarian. Keith previously served as a General Partner at Khosla Ventures. Before that, he was COO at Square and served in influential roles at LinkedIn. He also co-founded Opendoor. Keith began his career in technology as a senior executive at PayPal. He has since invested early in many great companies including YouTube, Airbnb, Palantir, DoorDash, Stripe, Quora, Yammer, Affirm, Eventbrite, and many others. He also served as a Board Member from inception to IPO at Yelp and Xoom. Follow Keith on Twitter @rabois.

[0:00] - OpenStore's early momentum and fundraising strategy

[5:35] - How an decentralized department store could unlock eCommerce growth

[12:33] - Introducing OpenStore Drive and why it is great for Shopify store owners

[16:49] - OpenStore's horizontal approach and why Keith believes it is best

[18:41] - OpenStore’s business acquisition strategy and thoughtful process design

[24:09] - How learnings from OpenStore’s initial acquisitions have led to improvements

[28:56] - Why OpenStore’s business is resilient in various macroeconomic environments

[35:06] - Acquisition offers and accept rates as metrics and countermetrics at OpenStore

[38:45] - Introducing Gumdrop which matches long-tail influencers to long-tail SKUs

[41:40] - The advantages of aggregation that benefit OpenStore’s business model

[45:19] - Building a great company culture; finding & developing undiscovered talent

[51:11] - The most high-leverage activities Keith allocates time to as OpenStore's CEO

homeofjake.com

• Check out The Knowledge Project Episode Page & Show Notes

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Brian Roemmele is in contention for the most interesting man on the internet.  

That's why I invited him on the podcast. I wanted to discuss his work, his thoughts and philosophy and his propensity for finding fascinating content not found anywhere else.  

What I got was three hours of unmitigated fascination.  

Brian was ready to rock-n-roll. His heart and mind opened up and delivered such a lucid and thought-provoking monologue that I was little inclined to say anything.  

So, I didn't, really. 

I just let him say what he needed to say. 

The result was one of the most interesting, coherent and salient testimonies I've ever had the good fortune to witness.  

Grab a notebook, clear your mind and buckle up. This is a wild ride.  

I'll bring Brian back on sometime relatively soon, but in the mean time, find him here:  

Twitter: https://twitter.com/BrianRoemmele 

Website: http://voicefirst.expert/ 

Quora: https://www.quora.com/profile/Brian-Roemmele